India New Issue-Can Fin Homes to issue 5-year bonds, bankers say

Can Fin Homes

28/01/2025 06:44

MUMBAI, Jan 28 (Reuters) - India's Can Fin Homes  CNFH.NS  plans to raise 5 billion
rupees ($57.8 million), including a greenshoe option of 2.50 billion rupees, through the sale of
bonds maturing in five years, three bankers said on Tuesday.
    It has invited coupon and commitment bids for the issue on Wednesday, they said. 
    
 
 Here is the list of deals reported so far on Jan. 28: 
                                                                      
   Issuer   Tenure        Coupon (in %)  Issue size (in  Bidding      
                                         bln rupees)*    date         Rating
                                                                      
                                                                      
 Can Fin         5 years  To be decided       2.50+2.50  Jan. 29      AAA
 Homes                                                                (Care)
 
*Size includes base plus greenshoe for some issues



($1 = 86.5275 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)
 ((Dharamraj.dhutia@tr.com))